Keep an eye on Fortinet (FTNT). RBC Capital reiterated its hold rating on the stock with a price target of $71 a share. We’ll also get a better idea of how FTNT is doing when it posts earnings on May 2. In its last earnings report, the company’s earnings per share of...
by Ian Cooper We’re sitting ducks. After all these years, we’re still not ready for cyberattacks. All because the world doesn’t seem to take it seriously. Even after multiple attacks, we’re still not ready. That includes the U.S. government, hospitals,...
Keep an eye on Royal Caribbean (RCL). After a recent pullback, the cruise stock is oversold on RSI, MACD, and Williams’ %R. It also just caught support at its 50-day moving average and is starting to pivot higher. Analysts at Mizuho just initiated a buy rating on the...
Keep an eye on Lennar (LEN) on its recent dip. Company director Amy Banse just picked up 1,575 shares of LEN on April 10 for just over $247,000. Helping, Wedbush analysts recently raised their price target on the homebuilder stock to $144 from $133 a share. Analysts...
As we near the U.S. elections, cannabis stocks are pushing to higher highs. For one, with 88% of the public believing cannabis should be legal, there’s growing speculation we could see rescheduling and positive mentions to boost potential votes. In addition, Florida...
Cannabis stocks may be some of the most controversial opportunities on the market. But many could also be rewarding – especially with these key catalysts. Look at Canopy Growth (CGC), for example. With several key catalysts ahead – such as potential rescheduling ahead...
by Ian Cooper If you’re looking for safety, with yield to boot, look at the Dividend Aristocrats and the Kings. With the Aristocrats, you’ll find the cream of the crop of stocks, which have raised dividends for more than 25 years. With the Kings, these are the...
Keep an eye on Salesforce (CRM). Wall Street believes the pullback is overdone. As noted by CNBC, The Wall Street Journal said that CRM is in talks to acquire cloud data company Informatica. “Investors may be concerned that the news signals Salesforce returning to...
“Apple (AAPL) is appealing at current prices. Last trading at $169.67, it’s back to strong support, where it typically bounces back. Helping, Wedbush analyst Dan Ives has an outperform rating on the stock, with a price target of $250,” we noted on April 10. At the...
Keep an eye on beaten-down shares of Nike (NKE). After gapping from about $100 to $87.50, NKE is just starting to pivot higher from over-extensions on RSI, MACD, and Williams’ %R. Last trading at $92, we’d like to see it initially refill its bearish gap around $100...